Stealth startup of the week: DocVerse

Thanks to the anonymous tipster on the blog who earlier this week pointed me in the direction of DocVerse, a year-old stealth startup led by former Microsofties Shan Sinha and Alex DeNeui.

But even though the company recently raised $1.3 million, don’t look for the execs hobnobbing around Seattle.

That’s because they plan to move to San Francisco this month in order to — as Sinha puts it — “take advantage of the benefits of being in the technology start-up hub of the world.”

Anyway, Sinha is not sharing many details about the new Internet company, other than to say DocVerse is developing a “new tool to help people collaborate with others on documents more easily and effectively than anything available today.”

The company raised the money from Bay Area investors, which also probably played a part in the decision to move.

We’ve seen some other Seattle startup companies head to San Francisco, notably Box.net.

But I wouldn’t say there’s a mass exodus by any means, with many Seattle entrepreneurs saying they are perfectly comfortable building their businesses here.